SHIPPING
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shipping cranes iStock-537294452 Weak peak? Trans-Pacific volume slumps
December 19, 2019 - Container lines in the trans-Pacific arena are sailing into a gloomy festive season. After a slump in traffic in...
Barents Sea iStock-1129146074 Shipping companies eyeing North Sea Route, but not now
December 19, 2019 - Shipping companies are closely watching the developments in the North Sea Route (NSR) but are not yet keen on starting...
Port of Oakland hopeful, cautious over US-China trade deal
December 18, 2019 - Port of Oakland officials sounded mixed optimism with caution following the recent approval of the phase one trade deal...
Port of LA, Indonesia ink cooperative agreement
December 18, 2019 - Officials from the Port of Los Angeles and Indonesia Port Corporation (IPC) PT Pelabuhan Indonesia II (Persero) have...
Fitch assigns negative outlook for shipping in 2020
December 17, 2019 - Fitch Ratings has said that its outlook on the shipping industry remains negative for next year, noting subdued...
Moody's: APAC port operators can withstand trade tensions
December 12, 2019 Moodys Investors Service said in a recent report that rated ports in the Asia Pacific are well-positioned to withstand...
MSC to use 30% biofuel to cut emissions
December 10, 2019 MSC Mediterranean Shipping Company (MSC) has committed to using biofuel in its vessels calling in Rotterdam following...
DaChan Bay DaChan Bay Terminals starts cold ironing at all berths
December 10, 2019 DaChan Bay Terminals, a unit of Hong Kong-based Modern Terminals Ltd has become the first container terminal facility...
India trade growth remains buoyant due to strong ocean trade
December 9, 2019 Strong ocean imports and exports will sustain Indian trade growth over the three-month period ending in January 2020,...
Yang Ming sets up subsidiary in China
December 6, 2019 Yang Ming Marine Transport Corporation recently announced that it has formed a new subsidiary in Shanghai — Huan Ming...
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